7, PARSONS CLOSE, NETHER STOWEY, BRIDGWATER, TA5 1JS - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PARSONS CLOSE is a very large detached house of 155m², built sometime between 2003 and 2006. It was last sold for £275,000 in December 2010, which was about the average December 2010 detached price in the Somerset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was A.

7 PARSONS CLOSE Sold Prices

Land registry data shows two sales for 7 PARSONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. One of the two 7 PARSONS CLOSE sales was roughly equal to the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 29 DEC	£275,000	£276,082	Close to HPI
2006 20 JAN	£310,000	£253,137	22% above HPI

7 PARSONS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 7 PARSONS CLOSE sales from January 2006 and December 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2010 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 PARSONS CLOSE?

7 PARSONS CLOSE is 155m² according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Nether Stowey, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Stowey, and where 7 PARSONS CLOSE lies on this distribution: 84% of detached houses are smaller than 7 PARSONS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Nether Stowey.

7 PARSONS CLOSE: Plot and Title Map

7 PARSONS CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 7 PARSONS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 PARSONS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 PARSONS CLOSE?

7 PARSONS CLOSE is located in NETHER STOWEY, in the TA5 postcode district. The below map shows the position of No. 7 on PARSONS CLOSE.